Monthly Archives: <span>January 2020</span>

Renaissance Alliance Insurance Services Adds Five New Agencies to Its Network

Renaissance Alliance Insurance Services, a national membership alliance for independent insurance agencies, has announced that five independent insurance agencies joined its network. New member agencies are in Massachusetts and Florida. In making the announcement, Renaissance Alliance Executive Chairman Kevin R. …

Generali’s Europ Assistance Opens Office in Thailand

Europ Assistance, the Generali subsidiary, announced it has opened an office in Thailand, expanding the company’s commitment to the Asia region where it has operated for the past 30 years. Europ Assistance now provides travel assistance services across Southeast Asia …

Chubb Names Côté as Head of Major Accts, Europe; Brionne as France Country President

Chubb announced a series of changes to its European leadership team: a new head of Major Accounts for Europe; a new country president for France and a new director of Accident & Health Continental Europe. Nadia Côté has been appointed …

Florida Legislative Session 2020: Insurance Bills to Watch

The Florida insurance industry will be focused on several key issues this session, including reform for auto glass (windshield) assignment of benefits (AOB) abuse, reforms to the state’s legal system, as well as changes to the Florida Hurricane Catastrophe Fund. …

Florida Legislative Preview 2020: Industry Calls On Lawmakers to Reform Lawsuit Abuse

The Florida Legislature started its 2020 legislative session this week and lawmakers are set to consider a number of insurance-focused issues over the course of the 60-day period. At the top of the list for industry and consumer advocates are …

Finance, Insurance Sector ‘Wins’ in U.S.-China Trade Deal Seem Familiar

The long-awaited U.S.-China trade deal touted wins for U.S. companies looking to access China’s $40 trillion financial sector, but many of the changes were already in the works, with Beijing having stepped up the pace of liberalization last year. Under …

Aspen Risk Management Group in California Acquired by TRISTAR

TRISTAR Insurance Group Inc. has agreed to acquire San Diego, Calif.-based Aspen Risk Management Group. Terms of the deal were not disclosed. All Aspen employees will continue operating out of the existing locations under the name Aspen Risk Management Group, …

Gig Economy Law Talk of California Insurance Wholesalers Conference

A sweeping California gig economy law was the focus of a lot of the talk this year during an annual insurance wholesalers conference. Assembly Bill 5, California’s gig worker law was signed by Gov. Gavin Newsom in September and in …

What the New U.S.-China Trade Agreement Says on Insurance

President Donald Trump and Chinese Vice Premier Liu He signed an economic and trade agreement that promises to increase the agricultural and other goods and services China will buy from the U.S. by $200 billion. For its part, the U.S. …

West Virginia to Receive $866K Grant for Flood Recovery

The U.S. Labor Department awarded $866,675 for flood recovery in West Virginia, the state’s U.S. senators announced. The funding is through the Disaster Recovery National Dislocated Worker Grant Program. Flooding in February 2018 destroyed homes, displaced residents from jobs and …